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By S. R. Gilbert, C. O. Bounds, R. R. Ice

"Many ores are upgraded to produce auriferous sulphide concentrates (principally pyrite) which are not amenable to direct cyanidation. Often these refractory gold-bearing concentrates contain undesirable elements such as arsenic, antimony, etc., which present environmental and/or processing problems. The pretreatment techniques most often considered for processing these concentrates prior to cyanidation include roasting, pressure oxidation, chemical oxidation, pre-aeration, and recently, bacterial oxidation. In this paper, the technical performance and economics of bacterial pre-oxidation vs the classical roasting approach for treating a specific auriferous pyrite concentrate are compared. The results provide flow sheets, preliminary operating and capital cost estimates, and rates of return for the two processes and demonstrate the potential advantages of bacterial pre-oxidation. IntroductionThe increased attention that gold has received in the last ten years has prompted mining companies to look for lower grade orebodies. Many of these low-grade ores do not respond well to conventional direct cyanidation recovery techniques. As free-milling ores decline, gold is sought in refractory environments which, ultimately, drive up the treatment costs.There are a number of reasons for a gold ore to be termed refractory, most of which can be identified by thorough mineralogical examination. The mineralogical occurrence of gold can, to a great extent, impact the method by which the ore is treated and, consequently, the capital and operating costs. Gold in a refractory ore can often occur as discrete particles locked in a host of silicate or carbonate gangue, or associated with sulphides or sulphosalts. Depending on its particle size, gold can be liberated and recovered by mechanical size reduction such as regrinding. This approach is most effective for gold in the 10 - 50 micron range. Gold can also be associated with clay, iron hydroxides, or other minerals which tend to coat the gold surface and inhibit the penetration of the cyanide solution, resulting in poor plant recovery. Because of their resistance to cyanide dissolution, gold tellurides and other refractory gold minerals are also responsible for losses to the tailings. For these reasons, it is paramount that the mineralogical occurrence of the gold be thoroughly and accurately determined before selecting a final process flowsheet."

Jan 1, 1988

By Seppo Haapamaki

"Since it started production in 1970, Anderson Lake Mine has experienced several radical changes in mining methods as a result of the physical characteristics of the ore zone along with the need for improved productivity. This paper examines the transition from longhole open stoping to mechanized cut-and fill then to vertical crater retreat at Anderson Lake Mine. The reasons for the need to change mining methods is analyzed taking into consideration the impact of such criteria as improved productivity and ground conditions and how these criteria affected the over-all economic viability of the mine. IntroductionAnderson Lake Mine is one of five producing copper mines in the Snow Lake area and is situated approximately 3 km southeast of the townsite of Snow Lake (Fig. I).The mine production rate at Anderson Lake is 700 tpd and all ore is trucked from the mine to the mill located approximately 2.5 km from the mine site . The mine is serviced by a three-compartment shaft sunk to a depth of 3300 ft with level spacings at 175 ft and 150 ft intervals from the 600 ft level to the 3000 ft level. .The shaft was collared in 1965 and, a year later, the hoist and compressors were installed. By 1969, a crusher system had been built and actual production began in 1970. During 1978, production was suspended for the year to allow for 430 ft of shaft deepening."

Jan 1, 1988

By Mary Ann Bennett, Val Nichols, Colleen Proctor

"In 1997 when Royal Oak Mines Inc. went into receivership, the mineral processing technicians (mill operators) who had been working at Giant Mine in Yellowknife, Northwest Territories for most of their career walked out with no credentials to serve as testimony of their knowledge and skills.As a result of new diamond mining activity and the establishment of socio-economic agreements, mining industry representatives approached the Department of Education, Culture and Employment (ECE), Government of the Northwest Territories, in 1999. They requested support and direction to promote training and recognition for mineral processing technicians at BHP’s (BHP Diamonds Inc.) Ekati mine. ECE recommended the development of occupational standards and certification.This paper describes the development process and end products that resulted from this collaborative project between industry, government and education. In addition, industry representatives involved in the project share their views on the development process and the benefits of standards and certification.The conclusion invites industry members to support national occupational standards and certification with their associated benefits: standardized training in the workplace and institutions, proof of competence for hiring, recognition of prior learning, and a nationally and internationally recognized credential.INTRODUCTIONSwiftly changing labour market demands are nothing new in the North. The fur trade and mineral discoveries have brought employment to workers in a feast and famine cycle for decades. In the late 1990s, the Giant, Con, Lupin, Polaris and Nanasivik mines were nearing the end of productive runs. Many experienced workers found that without credentials, they had no proof of their abilities to offer prospective employers."

Jan 1, 2005

By Chuck Edwards

"Cameco operates the high-grade McArthur River uranium mine in northern Saskatchewan, and is constructing the high-grade Cigar Lake uranium mine. Cameco has studied the concept of underground milling of high-grade uranium ore. Compared to conventional milling on surface, the underground milling scheme appears to offer significant cost savings and a lower environmental impact. This paper describes the underground milling scheme, presents process flowsheets and plant layouts, and provides an assessment of potential benefits from underground milling.INTRODUCTIONCameco CorporationCameco is the world’s largest uranium producer, with three operations in Saskatchewan (Rabbit Lake mine/mill, McArthur River mine, and Key Lake mill), two in the United States (Crow Butte and Smith/Highland ISL operations) and two new mines being developed in Canada (Cigar Lake project) and Kazakhstan (Inkai project). Cameco provides uranium fuel refining and conversion services at its Blind River and Port Hope facilities in Ontario. Cameco is part owner (31.6%) of Bruce Power that leases eight nuclear power plants located in southern Ontario. Cameco is the majority shareholder in Centerra Gold Inc., which operates gold mines in the Kyrgyz Republic and in Mongolia.Global Uranium Production RequirementsCentral to Cameco’s view of future uranium supply requirements is the belief that the world is experiencing a nuclear renaissance. This belief is supported by a number of developments, including:•,?Countries representing half the world’s population are now constructing new nuclear power plants. Many countries without nuclear power have begun to plan for it, seeking reliability, clean air and energy independence.•,?Accelerated growth for this industry is also becoming much more likely. In Asia, primarily in China and India, 92 reactors are under construction, on order or planned to help meet rapidly expanding economic needs. Other Asian countries, such as Vietnam and Indonesia, with large populations and rapidly growing economies, are also expected to follow.•,?In the United States the “Energy Policy Act of 2005”, the first energy legislation introduced in over a decade, was signed. This legislation includes provisions recognizing, for the first time at a national level, the clean air contribution of nuclear energy and its critical role in meeting energy security. Upon signing this landmark legislation President Bush stated, “We will start building nuclear power plants by the end of this decade.”"

Jan 1, 2007

By J. F. Jackson, R. W. Mau

"The first commercial installation in the mineral industry of the ""Verti-Press"" pressure filter was made by Falconbridge Limited at the Strathcona Concentrator to filter copper concentrate. The filtercake produced contains 6 - 7% H2O, an improvement from the 12 - 13% H2O produced by an internal drum filter, at rates of up to 20 t/hr. A novel slurry feed system incorporates a hose pump and a pressurized slurry accumulator.INTRODUCTIONIncreased copper production from Falconbridge Limited operational mines in the Sudbury Area has exceeded the current refinery capacity. A copper concentrate has been produced to overcome this constraint and has been shipped to custom smelters either as a slurry or as a 12 - 13% moisture filtercake utilizing an internal drum filter.With the treatment of the new Deep Copper Zone from the Strathcona Mine, copper concentrate production was forecast in excess of the installed dewatering capacity. The filtercake was too wet to transport by truck and the custom smelter refused to handle this product at the truck unloading site. The filtercake had to be trucked to a rail spur and transloaded into gondola cars. This system was expensive, incurred unaccountable losses and the concentrate was assessed a moisture penalty.To reduce the concentrate moisture content to permit direct shipment by truck, two basic systems were available; vacuum filter followed by a thermal dryer or a pressure filter. Past experience with the high capital and operating costs of dryers led Falconbridge to closely examine the pressure filter alternative.COPPER CONCENTRATE PRODUCTIONThere are two separate circuits at the Strathcona Mill; one treating nickel ore and the other treating copper ore.The rougher concentrates produced by both circuits are conditioned with lime and cyanide before the copper-nickel separation in a flotation columns. The concentrate consisting of cha lcopyrite with mi nor cubanite is very clean as shown in Table I. Currently 50% of the copper in the plant feed reports as copper concentrate, in the past, this has been as high as 70%."

Jan 1, 1990

By G. S. Hill, B. J. Huls

This paper on coarse particle recovery (CPR) summarizes a process to capture coarse particles that are not recoverable by regular flotation. Several porphyry copper operations in the world operate analogous circuits that recover non-floated copper from tailings; however, the case presented here is unique in that extensive underlying test work has allowed the authors to elucidate some fundamental principles behind recovery enhancement. This paper discusses an overview of the flowsheet that is proposed to Minera Escondida Ltda., the nature of copper in the feed to the CPR circuit, and the various unit operations within the recovery circuit.

Jan 1, 2006

Project Details ? Located 420 km northeast of Yellowknife, Northwest Territories ? Jericho kimberlite discovered in 1995 ? Feasibility study showed +3,000,000 carats recovered from 2.6 million tonne reserve ? Nine year mine life ? Approx. 100 person workforce in full production ? First mine for Tahera, First new mine for Nunavut Completed Ambitious Construction Schedule During 2005 o Feb ? Mar/05 Winter road mobilization o Mar ? Dec/05 Pre-stripping, earthworks o Mar ? Apr/05 Camp facility, occupied May 3 o May ? Dec/05 Process plant o Jun ? Dec/05 Maint. shop, fuel storage, power plant o Jan ? Mar/06 Commissioning, start-up o April 2006* COMMERCIAL PRODUCTION

May 1, 2006

By Brad Hewitt, Jeff Belke

"Murrin Murrin Operations has not had a successful beginning. Numerous reliability and operability issues many of which are the result of design decisions have been addressed through mechanical and operational changes and the CCD circuit is no exception. Four design aspects of the CCD circuit that have caused and continue to cause operational problems are:1. the inclusion of solution neutralisation gypsum in the CCD circuit feed which was designed solely for HPAL residue without proper investigation of its impact on the achievable underflow density and resulting wash efficiency;2. the decision to construct the thickener base from thickened solids;3. the lack of redundancy in the overflow, underflow and tailings pipe work; and4. the lack of thickener operational flexibility in the central rake-lift and feedwell dilution system.In November 2002, the lack of operational flexibility in the rake-lift and the feedwell dilution system through mechanical modification as follows:•, CCD1 has a modified rake mechanism that now allows central vertical lift of 600 mm;•, CCD1 has forced dilution using the Outokumpu Turbodil® technology and replacing the E-Duc® technology of Eimco;The decision to install, the installation and the results of the CCD1 rake-lift mechanism and feedwell dilution system are discussed in this paper. The installation was justified on improved operational robustness and an increase in the in the underflow density of 1 per cent (per cent w/w). At approximately the same time process modifications in the solution neutralisation circuit were implemented and these changes altered the rheology of the slurry reporting to CCD1. Since the modifications to CCD1 and the solution neutralisation circuit, the CCD circuit has averaged a 2 per cent improvement in the circuit underflow density.The CCD1 modification was completed on time and mechanically has performed well. From a risk point of view, the central rake-lift and Turbodil®dilution system add a degree of freedom and robustness to CCD1 operation that has extended the range of operational confidence. In this respect, the modification has been a success and is complementary solution neutralisation improvements."

Jan 1, 2005

By P. A. Witt

"Highland Valley Copper is a conventional truck-shovel mining and flotation concentrator operation located 75 km southwest of Kamloops, British Columbia (Fig. 1).The ore is situated within a porphyry copper deposit and is mined at a rate of 135,000 mt/day from two separate open pits. The nearby mill produces concentrates containing 375 million pounds of copper and 5 million pounds of molybdenum metal yearly. In the Valley pit, head grades are roughly 0.40% Cu at a 0.23% Cu equivalent cut-off. The Valley pit strip ratio currently sits at 0.55:1 with waste quantities made up of separate rock and unconsolidated overburden units. From the mill, concentrates are trucked to nearby Ashcroft and then hauled by rail to ocean port facilities in Vancouver. The mine employs 950 people and is planned to operate until 2009. The operation is a partnership between Teck Cominco (63.9%), BHP Billiton (33.6%), and others (2.5%). Management is shared by the two principal owners and directed by a management committee."

Jan 1, 2005

By Eric Bain Wasmund, Lance Christodoulou, Julio Jairo Carmona Franco, María Fernanda Castillo, Jose Concha

"A number of technologies are in practice for selectively removing coarse gold from conventional grinding circuits. These circuits are often designed so that the grinding mill output is size classified, with large (or high density) particles being removed before the tails are returned to the mill. Because of the high relative SG of gold, and the fact that some forms of gold such as free gold do not break apart during conventional grinding, coarse gold can accumulate in the circulating load, and eventually be lost.Eriez has developed a flotation cell that uses fluidized water to enhance flotation of coarse particles. More than 40 units have been sold in industrial minerals, and we are now exploring applications for the HydroFloat® in the gold industry.Mineros S.A currently produces approximately 120,000 oz of gold per year by gravity concentrating alluvial gold ore with a mean particle size of 330 microns, followed by further concentration using a Falcon separator. A 400 mm diameter pilot-scale HydroFloat® was added to the tails of the Falcon to test whether additional gold could be captured. Enrichments of 50-600 times and recoveries normally in excess of 95% were achieved. This allowed direct smelting of the gold concentrate. Metallurgical results and operating parameters such as water addition and power will be discussed during the presentation.This result opens the possibility that the HydroFloat® could be used directly in the grinding circuit, for removing coarse gold in the circulating load. This work also shows the possibility that the HydroFloat® can produce a throwaway tail, which will reduce the size of the circulating load stream and the grinding requirements of the circuit."

Jan 1, 2015

By Willemijn Husslage

Tata Steel Group At a glance ? Part of the Tata Group ?Tata Steel Group: ?Fortune 500 company ?Top 10 global steel producer ?Annual crude steel capacity of 28 million tonnes ?More than 80,000 employees ?Manufacturing operations in 26 countries across 5 continents ?Serving customers all across the globe ?Turnover 2009-10: $22.8 billion

May 1, 2011

By R. J. MacLeod

"INTRODUCTIONThe removal of water or liquid from slurries and solutions is a procedure generally present in many process industries. This has prompted the development of many mechanical and thermal devices with which, I have no doubt you are al1 familiar.In the mining industry, beneficiation of ores necessitates ' the removal of water or other 1iquid from the concentrate material. The most common method of accomplishing this is by means of thickeners, vacuum filters and rotary dryers, generally all three and in that order;The use of spray drying techniques to obtain the same end has many advantages and these will be outlined here.THE PRINCIPLE OF SPRAY DRYINGA Spray Dryer consists of a cyclone shaped chamber where hot air and atomized concentrate are introduced in the upper section. (Sec figure No. 1). Efficient mixing of these two streams produce dry concentrate and moist spent air, both of which are removed from the base of the chamber.Thermal dewatering involves the product ion of heat and spray drying has no special requirements in this area. Generally a direct fired air heater is used and the products of combustion whether they stem from the use of gas, oil or coal fuel go into the spray dryer along with quench or dilution air which is used to reduce the combustion gases to the desired temperature. This generally lies in the range of 1,000 to 1,600° F. In spite of these relatively high inlet temperatures, the spray drying process eliminates the need for refractory lining or indeed any special heat resistant metals except on the air inlet ducting. Waste heat may also be used even if a significant amount of contamination is present."

Jan 1, 1972

1. Scope of project In South Australia, the Western Mining Corporation operates the underground copper and uranium mine Olympic Dam. The deposits concerned are enormous (approx. 570 million tons) and have been mined since 1988. At the end of 1996, Western Mining decided to increase the capacity of Olympic Dam from 85,000 t.p.a. to 200,000 t.p.a. Planning At this point, SIEMAG-GHH Mining Division was asked to carry out a study including the planning of the entire shaft hoisting operations and calculation of the investment and operating costs involved. With the assistance of Australian partners, the study was completed within a single month. The principal points of the study were as follows: ? Planning of the hoisting machinery for 1,375 tons per hour from the surge bin below ground to the discharge bunker above ground. ? Optimisation of the hoisting operation with regard to maximum availability and safety. ? Optimisation of the time schedule to minimise the financing costs of the investment. ? Statement of the investment and operating costs. ? Comparison of the technical data, design and availability of the planned machinery with reference plants. Construction of the plant Following acceptance of the study, the decision was taken within a few weeks to implement it. SIEMAG Transplan GmbH received the order to execute the entire shaft hoisting machinery on the basis of the study submitted. The decisive factors in placing the order were: ? Convincing study, adherence to schedule ? Reference to comparable plants elsewhere ? Reference with regard to availability.

May 1, 2003

By Turgut Yalcin

"High-grade concentrates are achieved in flotation columns primarily due to the use of thick froth layers and wash water, both of which facilitate the drainage of hydrophilic minerals from the froth. However, conventional columns employ tall, non-agitated recovery sections for bubble-particle attachment that require high headroom and special gas spargers as well as imposing particle size limitations. These disadvantages can be all alleviated by carrying out the recovery part of the process in a mechanical or pneumatic cell which generate froth more conveniently and efficiently.This paper describes the combining of mechanical and column flotation in a single unit and discusses the influence of various parameters on the performance of the system.INTRODUCTIONIn a flotation process, some of the minerals lifted up to the froth phase may drain back to the pulp due to various reasons such as weak attachment of particles to air bubbles, bursting of air bubbles, agitation of froth, etc. Weakly floating and entrained hydrophilic minerals drain at a faster rate than the strongly floating minerals, and effective exploitation of such differential drainage can lead to cleaner concentrates.For a given mineral, if the rate of flotation from pulp to froth is k1 (min·1) and the rate of drainage from froth to pulp is k2 (min""1), then the net (overall) flotation rate of the mineral, k (min-1 ), will be [Lynch et al., 1981 ]:"

Jan 1, 1997

By M. N. Bassim, W. W. Tennese

"Concepts of linear elastic fracture mechanics were applied to study two cases of failure, namely an equalizing beam from a tandem rear axle of a highway tractor unit and the main beam of a flat bed trailer. In the first case, the presence of a crack, initiated by stress corrosion cracking followed by significant fatigue crack propagation produced a state of stress which was sufficient to produce brittle failure. Calculation of the fatigue life agreed with the number of cycles that the structure experienced before final fracture. In the second case, it was demonstrated that a combination of low temperature and high loading rate was sufficient to cause brittle fracture.IntroductionFailure analysis of engineering components has generally been carried out without the benefit of fracture mechanics. It is generally understood that real structures inevitably contain internal or surface flaws which under an applied load, may propagate to fracture. Fracture mechanics relates the applied stresses to the crack size in specified geometries. Since its introduction approximately thirty years ago, fracture mechanics has evolved as a design philosophy which can be used to develop fracture-safe designs. It can be also applied in analysis of failures, to ascertain if sound design and fabrication methods have been used."

Jan 1, 1985

By W. Bullen

A hypothetical economic model has been developed for diamond projects in the Canadian Arctic using data from recent exploration and mining projects. The model reflects economic conditions applicable to the diamond mining industry in the Canadian Arctic at the present time. The economic model captures pre-production expenditures, production data, and post-production costs. Before- and after-tax cash flows are derived from the data along with the relevant economic criteria. From the corporate perspective, the model provides guidance concerning the minimum size and/or in situ value per tonne requirements of targets being sought in order to ensure economic success and predict exploration and development expenditures. From the government perspective, the model provides an indication of income and mining tax revenues that can be expected from a particular diamond project. The model shows, on average, diamond projects in the Canadian Arctic are expensive to explore for and develop, but are economically robust under the present conditions. They generate great economic return for mining companies and significant amounts of tax revenue for governments. The fact that diamonds can be transported directly from the minesite by air makes them particularly attractive targets for mining companies that operate in the Canadian Arctic.

Jan 1, 2006

By O. Matwijenko

"1. IntroductionThe Falconbridge Owl Creek open pit gold mine is located 17 km northeast of Timmins and 2.5 km west of the Kidd Creek metallurgical site. Diamond drilling first commenced in 1964 with open pit production commencing in 1982. Other operations within close proximity are the Canamax-Pamour Bell Creek Mine and the Falconbridge Hoyle Pond Mine.Since 1982, 1,216,000 tonnes assaying 4.5 g/t have been processed in six concentrators. This paper summarizes the metallurgy achieved with special emphasis on some of the unique problems encountered in the processing of this refractory ore.2. GeologyThe Owl Creek deposit, located 3 km north of the Porcupine-Destor fault is in easterly trending carbonaceously altered volcanic and sedimentary rocks. The deposit strikes east and dips steeply north.The ore body can be best described as a wedge shaped sandwich of volcanic basalt between the surrounding sedimentary greywacke. The north and south volcanic-sedimentary interfaces are marked by graphitic zones. The south graphitic contact is more continuous with its thickness varying from 5 m to 20 m as compared to 0.5 m to 3 m to the north. Quartz veins occur throughout the deposit with a predominant vein running along the south contact where it is characterized by numerous graphitic inclusions. Some veins carrying gold values intrude into the sediments in the north. With depth the sedimentary and volcanic zones taper while the quartz-graphitic zones appear to become more dominant."

Jan 1, 1988

By L. Vollert

In-situ recovery of metals is presently experiencing a revival not seen since early applications in amenable copper oxide deposits, uranium and generally applications where neither, porosity and permeability, nor process chemistry have been prohibitively difficult. With ever decreasing grades in current mining operations or Greenfields projects and ever increasing capital and operating costs, in-situ recovery is looked to as the processing option that will both unlock these deposits as well as potentially derive revenue from mineralised waste remaining in the ground once traditional mining and processing methods become uneconomical. In-situ recovery is also being looked to as a mining method that minimises the environmental impact sustained in the application of traditional energy and water intensive mining and processing operations where millions of tonnes of ore are mined from the earth, processed on surface and then disposed of in both waste dumps and tailings facilities. The key challenge facing companies like Newcrest is that these low-grade deposits or remnant mines are generally hard rock applications that require costly methods to liberate the valuable minerals. A further challenge includes identifying suitable chemistries that both facilitate the economic recovery of gold and copper and that may be considered environmentally acceptable. This paper presents a desktop study whereby the issues of access creation and chemical extraction are discussed and evaluated with a view to driving future research in the area and unlocking this application as a real processing option. INTRODUCTION Mining companies are increasingly challenged by low grade, deep and complex ore deposits which are no longer economically exploitable by current methods. The large footprint of current open pit operations can present obstacles for permitting and social acceptance. For these reasons in-situ recovery (ISR) technologies are receiving renewed attention as a technology which could be used to exploit these more complex deposits economically and with less environmental impact. The environmental impact may be further reduced if emphasis is placed on use of renewable energy sources rather than traditional grid power, gas turbine or diesel generators are employed to drive the operation. A potential renewable energy driven ISR mine of the future is shown in Figure 1.

Jan 1, 2019

By Michael Hood

An overview is given of some of the major mining research activities in Australia. Automation of mining equipment is not an objective in its own right. The objective is to improve the safety and the economic performance of mining operations. Automation can be a useful method for achieving this objective. There is a strong focus on mining equipment automation and related issues and specific examples of ongoing and recently completed automation projects are described.

May 1, 2002

By Manqiu Xu, Joe Holmes, Peter Wells, Peter Langlois, Germain Labonté, Jim Barrett

"The flowsheet for the Voisey’s Bay mill had to meet the challenge of processing an ore containing high pentlandite and chalcopyrite values in a largely pyrrhotite/troilite matrix. In the 1994-97 period, circuit development focused on making a high-grade copper concentrate and a relatively low-grade nickel concentrate. However, in 1998 a circuit with copper concentrate, high-grade nickel concentrate and a Ni/Cu middlings concentrate was specified. Following a three year project delay, work resumed on the flowsheet in 2001, and the target for the overall grade of the nickel concentrate was raised from 14% to 20% nickel. To achieve this target triethylamine tetramine (TETA) and sulfite pyrrhotite depressants were used in an all lime circuit. It later became evident that, with appropriate selection of collector and adjustment of the circuit by the addition of a scavenger on the scavenger cleaner, it would be possible to approach the grade of concentrate required without the use of pyrrhotite depressants. The recycle of water and the contained thiosalts was also proven to be instrumental in raising the grade.Construction and commissioning of the mill were fast-tracked with start-up of the mill in September 2005 some six months ahead of the original schedule. Ramp-up of both throughput and metallurgy was faster than any other recent nickel installations with tonnage being limited mainly by concentrate dewatering due to the higher than initially planned ore grades.INTRODUCTIONNickel was discovered in the vicinity of Voisey’s Bay by Chislett and Verbiski working for Diamond Field Resources in 1993 and the Ovoid deposit was delineated in the winter of 1994/95. By the end of 1995 the Ovoid had been well explored and at that time was thought to have a reserve of at least 30 million tonnes with an average grade of 2.83% Ni and 2.0% Cu. Drilling to the east of the Ovoid had indicated the presence of significant mineralization. In June of 1995, Inco Limited bought a 25% share in the Voisey’s Bay Nickel Company (VBNC) which was a subsidiary holding company set up by Diamond Fields. Inco also bought 8% of Diamond Fields and negotiated the right to sell all the nickel produced from VBNC for twenty years as part of this agreement. In April 1996, Inco bought the 75% of VBNC shares that it did not own."

Jan 1, 2007